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What Investors Want to See in Your Business Plan

It is seldom possible to finance a business venture on your own. Investors are needed at some point, if not at the beginning, then as the business grows. When reviewing business plans, there are certain things investors are looking for. Primarily it boils down to potential profitability, safety, and believability.

Investors only risk their money if they feel the potential profits outweigh the potential for loss. Therefore, it is imperative to show prospective investors how your venture will make money …

Do You Really Need a Business Plan Template?

Business plan templates are designed to walk you through each step of putting together an effective, comprehensive business plan. They go much further than simply telling you what sections you must include within the plan and what order they should be arranged into at the end. A good template will help you determine what information should be included in each section so investors find exactly what they are interested in seeing when they look in any given section.

Determining whether …

How to Write a Business Plan

Writing a great business plan is crucial to getting new investors and building a thriving, profitable enterprise that will succeed in the long run. Business plans are living documents that will need to be constantly readjusted as your company grows, but first you need to come up with a great framework that suits your current goals and can be easily revised in the future. Creating a business plan from scratch can be incredibly intimidating if you’ve never worked on one …

How to Write a Business Plan for Your Business

If you are trying to start your own business you need to have a business plan. This is a guide that can help you stay focused on your goals and serve as a tool to attract investors and lenders to finance your business. You need to prepare a solid business plan to accomplish all of this. To create an effective business plan, several steps need to be completed to ensure that the plan includes the necessary elements.

Executive Summary

You …

Creating an Appealing Elevator Pitch

Who hasn’t heard about a legendary “elevator pitch?” A smart up-and-comer catches a successful investor in an elevator and in about one minute describes their start-up idea wowing the investor and securing needed funding.

The odds of you needing to pitch your business idea to an investor in an elevator are, admittedly, slim, but the idea is an important one. You should be able to describe your business in 60 to 120 seconds. You never know when you’re going to …

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